If you have a joint real estate account and he passes the account is frozen and you have bills to pay with no cash until the estate goes thru probate.  

Main drawback is that it will take you a few more days to get your money because the ACH transfer takes time.

We are both interested in applying for the loan jointly, and our FICO scores are both above 750.

Joint Venture 2. 18 months payment plan Let’s connect and discuss investing  

You always get what you pay for in construction materials so I'd recommend avoiding home depot materials, bargain retailers etc... and paying a little bit more for a name brand manufacturer of this product with a good track record for quality.Think about possibly a 1/3 staggered joint instead of the 1/2 staggered joint, it looks a bit better with this product.  

What you are looking to do is get rentals which is not a usual partnership deal since the exit strategy is not clean cut (unlike say a wholesale or joint flip).

This makes everyone jointly and severally liable for all terms and conditions.

In my office, we hit them with the late fee on the 5th day, the earliest allowed by law, and we require payment in full via ACH, money order, or cashiers check.

Quote from @Michael Greer: "Joint and several liability" is a term you need to be familiar with and it is an absolute must in your lease.

Others are attending school while working multiple jobs and also getting support from family.Make sure you have the "joint and several" clause in your Rental Agreement.